Florida Poly to Lease New Housing Facilities to SFP Solaris
- Disclosed value
- Approximately $110 million in tax-exempt, off-balance-sheet bonds
- From minutes
- Document date
- Aug 11, 2026
- Renews
- Free account
The 30-second brief
Florida Polytechnic University authorized negotiation of a 50-year ground lease and related agreements with nonprofit lessee SFP Solaris LLC as part of a $110 million P3 project for new housing and dining facilities. SFP Solaris LLC will manage the facilities and physical repairs while the university maintains control over student experience and dining operations.
Sfp Solaris LLC holds this facilities contract with Florida Polytechnic University.
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Contract details
- Contract type
- Facilities
- Amount
- Approximately $110 million in tax-exempt, off-balance-sheet bonds
- Document date
- August 11, 2026
- Term
- 50-year ground lease; 40-year bond maturity; Project construction from December 2026 to August 2028; financial projections over 50 years
- Renews
- On record
- Vendor
- Sfp Solaris LLC
- Source document
- Florida Polytechnic University Board of Trustees Meeting Minutes 2026-08-11 (Minutes)
Sfp Solaris LLC's other public contracts
More Florida Polytechnic University contracts
Questions about this contract
Who was awarded the facilities contract by Florida Polytechnic University?
Sfp Solaris LLC was awarded this facilities contract by Florida Polytechnic University, as recorded on August 11, 2026. The contract value is Approximately $110 million in tax-exempt, off-balance-sheet bonds.
How much is the Sfp Solaris LLC contract with Florida Polytechnic University worth?
The Sfp Solaris LLC contract with Florida Polytechnic University is valued at Approximately $110 million in tax-exempt, off-balance-sheet bonds, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Florida Polytechnic University Board of Trustees Meeting Minutes 2026-08-11 (Minutes), dated August 11, 2026 from Florida Polytechnic University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Sfp Solaris LLC hold?
Sfp Solaris LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Florida Polytechnic University currently buying?
Explore Florida Polytechnic University's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.